Director of Benefits and Compensation

2 weeks ago

St Louis, Missouri, United States GardaWorld Full time
Job Description

About the Organization

GardaWorld is the world's largest privately owned security services company. We protect our clients' staff and assets wherever they are. We offer different schedules, diverse work assignments spanning multiple industries, and career advancement opportunities. We encourage diversity and are proud to be an equal-opportunity employer. GardaWorld Security Services is looking for a Director of Benefits and Compensation to join the dynamic leadership team and provide leadership and strategic direction and manage the administration of the company's health and welfare programs and union-required programs.

Location: St. Louis, Missouri
Environment: On-Site, Corporate Office

Job Responsibilities Include, but are not limited to:
  • Oversee and manage day-to-day administration of employee benefit programs such as health, dental, vision, life insurance/AD&D plans; flexible spending plan; voluntary disability plans; and benefits related to local ordinances and government programs. This includes self-insured and fully insured plans.
  • Analyzes benefit plan coverage and recommends benefit strategies, policies and programs designed to attract and retain employees in accordance with social and industry trends while honoring organizational goals.
  • Analyzes self-insured claims to ensure the company spend is tracking appropriately. Working with broker to forecast and project annual claim spend, determine the incurrent but not reported level, and evaluate appropriate stop loss coverage levels for the medical plan.
  • Ensures full compliance with all cities, state, and federal regulations, reporting and filing requirements relating to all benefit plans. Work closely with benefit administrators and vendors to ensure timely and accurate ACA reporting compliance, 5500 filings, IRS and DOL filings and audit responses, and all other benefit-related compliance obligations. Ensure timely communications to senior management in advance of any compliance concerns and issues.
  • Oversee the implementation and management of all programs that may be required under Collective Bargaining Agreements or living wage ordinances. Identify and contract with qualified vendors, coordinate with branch operations and shared services on appropriate deductions and enrollment procedures into such plans, and ensure compliance in all relevant jurisdictions.
  • Designs reports that monitor benefit costs and provides executive leadership with data needed to understand trends and budget impacts.
  • Manages the relationships with vendors including benefit brokers and service administrators, relating to quality, service agreements, Costs/billings, reporting, audits, and controls.
  • Manages the open enrollment process for health and welfare benefit programs, including developing timelines, a communication plan utilizing various media, system updates, coordinating with brokers and vendors, and reporting.
  • Provide leadership, motivation, direction, and support to direct reports.
  • Develops and leads a customer-oriented benefits team that meets the organization's needs. Ensures the highest level of timely, professional, and effective communication is maintained by staff and vendors in all interactions with employees and management.
  • Ensures the maintenance of accurate benefits data, records, and reports.
  • Performs due diligence pertaining to benefits for acquisitions. Ensures a smooth transition to company benefits by acquired entities.
  • Act as advisor to leadership on market data to help determine pay decisions.
  • Assist the VP of HR on developing a compensation program to include establishing salary grades with corresponding ranges, assigning positions to those grades, and developing a process by which individuals and positions can move through the program.
  • Participate in bonus compensation cycles to ensure accuracy and efficiency. Provide advice and guidance to management on compensation questions and issues, including individual compensation reviews and placement of positions within compensation programs and structures.
  • Perform other duties, special projects, and activities as the organization requires.
Preferred Qualifications
  • A bachelor's degree in a business-related subject is highly preferred. Additional specialized training or coursework specific to benefits administration is highly desired. SPHR or CEBS certification is strongly preferred.
  • Minimum of 6 years of progressive experience in the benefits field, with a strong working knowledge of benefits administration in a fast-paced, high-turnover service environment. Preferred experience with self-insured plans. Minimum 3 years in a management role.
  • Experience with vendor and broker management is required.
  • Thorough understanding of state and federal regulations relating to benefit plans and all applicable laws relating to benefit administration (including COBRA and ERISA) and be able to effectively work within company policies and state/federal laws. Experience communicating effectively with DOL and IRS as needed.
  • Demonstrated high level of experience and proficiency using automated systems to administer benefit programs, and strong working knowledge of current technologies used in progressive organizations, with ability to identify new solutions and make recommendations.
  • Must have outstanding interpersonal skills and impeccable oral and written communication skills. Demonstrated ability to create and deliver presentations to executive management in a clear, compelling, and confident manner.
  • Must be flexible and able to work effectively with all levels of management. Previous experience in high volume service or retail industries is strongly desired.
  • Demonstrated ability to take initiative, successfully handle and prioritize multiple competing assignments and effectively manage deadlines. Must be highly organized and can always keep the management team on track with required information available.
  • Must be highly proficient and fully functional in all Microsoft Office applications, with advanced Excel skills required.
  • Must be able to create and interpret reports related to benefit costs and P&L impact and generate internal documents for HR, finance, sales, and operations to use for budgeting and client communications.
  • Professional, articulate, and able to use good independent judgment and discretion. Must have proven ability to maintain correspondence, discussions, and materials in strictest confidence.
  • Must be a proactive problem solver and team player who is detail oriented and flexible; a self-starter requiring minimal supervision with the ability to cooperatively work with field and branch leadership in a productive, yet authoritative manner required.
GardaWorld Security Services does not discriminate in employment on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factor.

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